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The DiscoverŪ Student Card -
Monogram Collection, issued by
Discover, provides a Cashback
BonusŪ reward program as well as
a personalized card design that
displays the cardholder's
initial(s).
Through the reward program,
students can earn a 5% rebate
for purchases made in popular
categories that change four
times a year like travel, gas,
restaurants, movies, and more.
In addition, cardholders earn up
to 1% for general purchases.
Those who spend up to $1,500 on
general purchases will receive a
.25% rebate, between $1,500 and
$3,000 will receive a .5%
rebate, and over $3,000 will
receive a 1% rebate.*
Cardholders also earn a 0.25%
rebate at select warehouse clubs
and discount stores, and they
can earn a double Cashback
BonusŪ for redeeming their
rebates for gift certificates
from participating Discover Card
Partners. There is no yearly
limit on the amount of rebates
that can be earned, and rebates
do not expire as long as the
account is active within a
36-month period.
Aside from the reward program,
the unique feature of this card
is that cardholders can choose
from three card designs that
will display either their first
initial or their first and last
initials on the front of the
card.
The card also provides standard
benefits, including online
account management, no liability
for unauthorized transactions,
and discounts on products and
services at participating
merchants and retailers.
This card has a 0% introductory
APR on balance transfers for 6
months, and a 0% introductory
APR on purchases for up to 6
months. There is also no annual
fee.
Therefore, those who plan to
spend over $3,000 a year (to
earn the 1% cash rebate), plan
to use their Cashback BonusŪ
award at participating retailers
(to earn a full 5% rebate and
double cash rebates), and plan
to pay in full each month (to
avoid costly finance charges)
will benefit most from what the
DiscoverŪ Student Card -
Monogram Collection has to
offer.
*It is important to note that
like many cash reward cards, the
highest rebate offered will not
apply to all purchases made with
the credit card. In this case,
1% will be applied only to those
purchases made after the
cardholder spends over $3,000 in
one year, so the overall cash
rebate earned will be less than
1%, depending on the amount
spent. For instance, if the
cardholder were to spend $4,000,
only $1,000 of this amount would
be applied towards the 1%
rebate. However, this does not
take into account any
promotional offers or the full
5% Cashback BonusŪ award.
.
- 5% Cashback BonusŪ*
in categories that change
like travel, department
stores, gas, groceries,
restaurants, and more means
extra money for you, and
extra toppings for your
pizza.
- 5% to 20% Cashback
Bonus at our exclusive
(as in you need to be on the
list) online shopping mall.
- Up to 1% unlimited
Cashback Bonus on
everything else you buy -
from textbooks to
toothpaste, automatically.
Apply Now!
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